Fixed Assets Analyst

5 months ago

Petaling Jaya, Malaysia Siemens Energy Full time

Experienced Professional

**A Snapshot of Your Day**

In your role as Fixed Asset Analyst:
**Process Ownership**
- You will work in a team of domain experts, in which your tasks include clarification of accounting issues, analysis of errors, initiation of any necessary corrections and involvement in process improvement activities or initiatives, if needed with support from the Fixed Asset Senior Analyst.
- You will take ownership of daily fixed asset transactions and month-end-closing activities and ensure they are recorded in a timely and accurate manner, in accordance with IFRS and local GAAP quality standards or any other relevant regulations and guidelines.

**Collaboration & Teamwork**
- You will be expected to collaborate and build strong partnerships with internal and external stakeholders such as regional accounting hubs, local business teams, and other partners within Siemens Energy’s global communities.
- Listen actively and continuously focused on stakeholder requests, managing complex and uncertain operational issues, while decisively moving forward in taking ownership of decisions, together with the Fixed Asset Senior Analyst.
- Share best practices with all relevant stakeholders.

**How You’ll Make an Impact (responsibilities)**
- Daily Operations, Controls and Process Improvements
- As a detail oriented, actively committed and involved Fixed Asset Analyst
- Process and confirm modifications of Master Data to our Stakeholders.
- Perform intercompany and intracompany asset transfers
- Process capitalization and ensure the depreciation will run correctly according to the useful life and internal policy.
- Process budget allocation and adhoc requests for assets under construction
- Prepare monthly reports for assets under construction
- Process asset disposals ( scrapping, sales, write offs )
- Provide support and information required for internal controls
- Extract inventory lists for the fixed assets stock taking
- Internal order / WBS element creation according to capital expenditure requests
- Process impairment or reversal of impairment according to requests
- Ensuring stability in monthly, quarterly, and annual financial closing activities.
- You assist with ad-hoc duties required by management to meet the needs of the business.
- You will be supporting the Senior and Principal Analysts in preparing internal controls documentation in Fixed Asset accounting. You will also have a supporting role in internal and external audits by providing timely and qualitative information and resolving queries from the auditors (where applicable for the assigned countries/legal entities and tasks).
- You execute and continuously update DTP (Desktop Procedure) documentation for existing and are involved in the creation of DTPs for new processes/variances.
- Contributing and engaging in standardizing and automating our workflows, “function name” processes and our cross-functional processes throughout the company.

**Career development**
- With your open-mindedness and willingness to learn, by building your skills and capabilities within our organization, you will support the "function name” team with the tasks at hand.
- Invest in your own career development by regularly seeking and giving honest feedback and embracing a curious mindset in learning and personal development.
- People, process and technology
- You will be actively contributing to our company’s strategy for building an environment for people, processes and technology, using innovation as a personal growth driver.
- Become more self-directed, build process ownership and find meaning in your work by taking part in process improvement initiatives and cross-functional projects.
- Build strong partnerships to win the trust of our stakeholders through respectful, agile, accountable behavior when interacting with colleagues, customers, partners and Siemens Energy local and global communities.

**What You Bring (requirements)**
- Bachelor's degree in Accounting or related field, or relevant working experience in “Fixed Asset” Accounting
- Preferably first experiences in the field of “function name” Accounting & Finance Operations
- Basic knowledge of accounting
- Basic knowledge of IFRS accounting is preferable
- Good MS-Office skills (especially in MS-Excel)
- Preferably first basic understanding of business processes in SAP
- Experience in transitions and transformation projects is an advantage
- Willingness to travel for knowledge transfer, training/workshops, if needed
- You are open and communicative in nature as well as fluent English skills complete your profile.

**About the Team**

Accounting Services (AS) is an integral part of the global accounting ecosystem and a CFO function within Siemens Energy (SE). Out of Accounting Service Centers in Americas, Europe, and Asia, AS provides accounting solutions contributing towards SE’s vision to energize society.

AS is built on (1) people, (2) processes, and (3) technology which

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